PNAT Security Details Share Structure Market Value1...........$460,399 a/o Jun 23, 2020 Authorized Shares..1,500,000,000 a/o Jun 01, 2020 Outstanding Shares...317,516,404 a/o Jun 01, 2020 Restricted...........Not Available Unrestricted.........Not Available Float................Not Available Par Value 0.001
Fibonacci Numbers are commonly used in Technical Analysis with or without a knowledge of Elliot Wave Analysis to determine potential support, resistance, and price objectives.
The most popular FibonacciRetracements are 61.8% and 38.2%
61.8% retracements imply a new trend is establishing itself.
38.2% retracements usually imply that the prior trend will continue
38.2% retracements are considered natural retracements in a healthy trend.
Fibonacci Retracements can be applied after a decline to forecast the length of a counter-trend bounce.
The 50% retracement is not based on a Fibonacci number. Instead, this number stems from Dow Theory's assertion that the Averages often retrace half their prior move.